F/m Opportunistic Income ETF (NASDAQ:XFIX) Short Interest Up 3,677.1% in February

F/m Opportunistic Income ETF (NASDAQ:XFIX) was the recipient of a large increase in short interest in February. As of February 28th, there was short interest totalling 181,300 shares, an increase of 3,677.1% from the February 13th total of 4,800 shares. Currently, 27.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 1,400 shares, the days-to-cover ratio is currently 129.5 days.

F/m Opportunistic Income ETF Price Performance

F/m Opportunistic Income ETF stock opened at $51.70 on Thursday. The stock has a fifty day moving average of $51.79 and a two-hundred day moving average of $52.29. F/m Opportunistic Income ETF has a fifty-two week low of $50.37 and a fifty-two week high of $53.62.

F/m Opportunistic Income ETF Increases Dividend

The company also recently declared a dividend, which was paid on Tuesday, March 4th. Stockholders of record on Monday, March 3rd were issued a dividend of $0.2837 per share. The ex-dividend date of this dividend was Monday, March 3rd. This is an increase from F/m Opportunistic Income ETF’s previous dividend of $0.25.

F/m Opportunistic Income ETF Company Profile

The F/m Opportunistic Income ETF (XFIX) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that focuses on investing in what is perceived to be undervalued sectors and securities in the US fixed income space. The fund has no limitations in terms of maturity or credit quality.